Students’ Speak: IIBM 2019-20 Placement Report, Highest & Average Salary Offered

By: Neha Deore

Indira Institute of Business Management (IIBM) offers five specialisations in its two-year MBA programme. Here is a peek into IIBM’s 2019 placement report by Shiksha’s contributor Neha Deore.

I am currently pursuing MBA from Indira Institute of Business Management with specialisation in Finance. First-year is common for all the students. The subjects are in a manner that you can get an idea of all the specialisations.

Indira Institute of Business Management offers five specialisations during the 2^nd year of two-year MBA programme, namely finance, marketing, human resources, operations and information technology.

How the placement team works, how many members are there, etc. — you guys might be having different questions.

Let’s start with a brief description of the placement cell of Indira Institute of Business Management. There are around 10 members in the placement cell. To be a member, there is one face-to-face round and basis that, interview students are selected for the placement team.

Students in the first year work as coordinators when companies come to the campus. A day before, all the instructions are given to them on how to coordinate. Every student is assigned a particular job, such as distributing and collecting aptitude papers from the students and giving them to HRs or to a designated person of the company, handing over resumes to HRs, arranging students in a queue for an interview round as per the instructions from HR, etc.

The same is applicable for the second year students also but second year coordinators collect names and details of students for jobs and companies they are interested in. They give these details to the placement head of the college.

Placements are given according to the specialisation chosen by the student.

IIBM provides placement assistance to all its students. Last year, the strength in finance was 75, Marketing was 80, HR was 15, Operations was 12 and IT was 7 with students. Among 75 students from finance, 85 percent got placed. Similarly, 95 percent in HR, 50 percent in Operations and 80 percent in IT and 100 percent of students in marketing got placements with reputed companies with good profiles and handsome packages.

A total of 98 percent students got placed in reputed companies such as 99 Acres, Pidilite, Morning Star, Aditya Birla group, ACSYS, HDFC Bank, ICICI Bank, Jaro Education, Tikona, etc. The highest package was 12 lakh, the lowest was 4 lakh and the average was 4.5 lakh.

Top companies that visited the campus for placements were Justdial, Pidilite, ICICI Bank, HDFC Bank, Wipro, ITC, Morning Star, JIO, Morgan Stanley, Pinclick, Jaro Education, IIFL, Biltrax, Make bot, Square Yards, Sterling, Eclearx, TCS, Tech Mahindra, Property Pistol, Star Union Daichi, FIIT JEE, S&P Global, Entab Infotech Pvt Ltd., Motilal Oswal, Accord Fintech, Idea, Infosys, Angel Broking, Value Edge, Berger paints, etc.

Companies that visited Indira Institute of Business Management this year:

• Makebot Company (for marketing): Two female students got placed with a package of CTC 7.2 LPA.
• Property Pistol Reality Pvt. Ltd. (for marketing): Two male students got placed with a package of CTC 7.8 LPA.
• Pinclick Property Management Ltd. (for marketing): 10 male students got placed with a package of CTC 5 to 6 LPA.
• ICICI Bank Ltd. (for marketing and finance): Two male and five female candidates got placed with a package of CTC 4.10 LPA. Among them, three were marketing and four were finance students.
• HDFC Life (for marketing and finance): Four students were placed, one male candidate with marketing specialisation and three female candidates in finance specialisation, at a package of 4.25 LPA.
• Square Yards (for marketing): Seven students got placed at a package of CTC 4 to 5 LPA. Four were female and three were male candidates.
• XL Recruiters (for HR): Only one female student got placed with a package of CTC 3 to 4 LPA.
• FIIT JEE Ltd. (for marketing): Six students got placed - three male and three female candidates. The package offered was in the range of 4 to 5 LPA.
• Start Union Daichi (for marketing): Only male candidates got placed at a package between 4 and 5 LPA.

    Here are some of the most common interview questions asked by the HR team/interview panel:

• Introduce yourself
• Strengths, Weakness
• Long term/ Short term goals
• Family Background
• Why should we hire you?
• What do you know about this organisation?
• Why do you want this job?
• Your biggest achievement.
• Any work experience.
• Describe your dream job.
• What do you expect from our company?
• Are you comfortable with re-locating?

Along with the HR round questions, there will be technical round questions and aptitude tests for the respective specialisations.

The recruiters expect positive answers, basic knowledge of the subject and high confidence level, good communication skills and the ability to deal with tough situations. The challenges our batch encountered during placements include lack of preparation for the Aptitude Test, prior work or project handling experience, etc.  

About the Author:

Neha Rajendra Deore is from Mumbai, pursuing her 'MBA in finance' from Indira Institute of Business Management, Mumbai. A state-level sports player in diving (water sports) and she loves to dance as well.